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OHIO'S JIM JORDAN WINS U.S. HOUSE SPEAKER NOMINATION


INVESTMENT IDEA? REAL ESTATE IS UNAFFORDABLE, YET THESE MORTGAGE BONDS ARE CHEAP







OHIO'S JIM JORDAN WINS U.S. HOUSE SPEAKER NOMINATION


INVESTMENT IDEA? REAL ESTATE IS UNAFFORDABLE, YET THESE MORTGAGE BONDS ARE CHEAP


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 * 5:12p PayPal versus Block: Here’s HSBC’s preferred stock play on a fintech
   turnaround
 * 5:11p These are the biggest money mistakes we make in our 20s, 30s and 40s
 * 5:09p Barron's Marcus Lemonis: ‘The Consumer Is Fragile Right Now’
 * 5:05p Biden talks up historic spending on hydrogen hubs, which will be spread
   over 16 states
 * 5:03p Jim Jordan nominated for speaker by House GOP amid worries over
   government shutdown and support for Israel
 * 4:59p Barron's World Wonders Will Leave You Awe. These Neighboring Hotels
   Might, Too.
 * 4:55p ‘This is a first-world problem’: I earn $210,000 and I’m 59. My wife
   and I want to move to Hawaii. Is it too late to get a mortgage?
 * 4:55p Barron's Republicans Nominate Jim Jordan for House Speaker
 * 4:51p Small-cap index books historic second ‘death cross’ in a year. Is a
   turnaround coming?
 * 4:48p Dow snaps 3-week losing streak despite stocks mostly falling as
   Israel-Hamas war intensifies
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DOW SNAPS 3-WEEK LOSING STREAK DESPITE STOCKS MOSTLY FALLING AS ISRAEL-HAMAS WAR
INTENSIFIES




DOW SNAPS 3-WEEK LOSING STREAK DESPITE STOCKS MOSTLY FALLING AS ISRAEL-HAMAS WAR
INTENSIFIES

 * Oil prices surge nearly 6% as Middle East tensions rise with Israel ordering
   mass evacuations in Gaza
 * Netanyahu praises Blinken in Tel Aviv over ‘unequivocable’ demonstration of
   U.S. support for Israel
 * Jamie Dimon says it’s ‘the most dangerous time the world has seen in
   decades.’ Here are all the ripple effects.
 * U.S. law enforcement working to prevent violence following Hamas attack,
   White House says
 * Trump’s criticism of Israel’s Netanyahu draws rebukes from Republican rivals


HERE’S WHAT NEEDS TO HAPPEN FOR THE S&P 500 TO HOLD 2023’S GAINS

 * Welcome to ‘Pantophobia.’ Markets have a ‘fear of everything,’ says
   BNY-Mellon.
 * Long U.S. dollar now seen as the most crowded trade, but bodes ill for the
   greenback
 * Small-cap index books historic second ‘death cross’ in a year. Is a
   turnaround coming?


JIM JORDAN NOMINATED FOR SPEAKER BY HOUSE GOP AMID WORRIES OVER GOVERNMENT
SHUTDOWN AND SUPPORT FOR ISRAEL


PFIZER’S STOCK SINKS AFTER COMPANY CUTS OUTLOOK ON LOWER DEMAND FOR COVID
PRODUCTS




HOMES ARE EXPENSIVE RIGHT NOW, BUT THESE MORTGAGE BONDS LOOK CHEAP


UAW SAYS IT MAY CALL MORE STRIKES AT BIG THREE ‘AT ANY TIME’


YOUR RETIREMENT CHECKLIST: 9 STEPS TOWARD A BETTER RETIREMENT

 * Retirement bond anxiety: Even with 6% yields, you can’t set and forget it
 * ‘This is a first-world problem’: I earn $210,000 and I’m 59. My wife and I
   want to move to Hawaii. Is it too late to get a mortgage?


IT’S RISKY TO BET SOCIAL SECURITY’S SOLVENCY ON THE STOCK MARKET

 * Social Security’s COLA for 2024 is 3.2%, vs. 2023’s historic 8.7%
   inflation-fueled adjustment


THANKS TO TAYLOR SWIFT, NFL-THEMED FRIENDSHIP BRACELETS ARE SELLING LIKE HOT
CAKES

 * Taylor Swift concert film opened Thursday, surprising many fans — and
   disappointing others
 * ‘Taylor Swift: The Eras Tour’ boosting demand for cinema ads, says National
   CineMedia CEO
 * AMC’s stock slides more than 13% despite Taylor Swift concert film opening


WHAT EXACTLY ARE PATIENTS TAKING NEW WEIGHT-LOSS DRUGS EATING AND WHAT ARE THEY
AVOIDING? BERNSTEIN ASKED THEM.

 * Novo Nordisk boosts sales and profit outlook, buoyed by Ozempic and Wegovy
 * UnitedHealth earnings beat estimates as company again raises guidance
 * People with chronic stress and depression are 4 times as likely to develop
   Alzheimer’s


WHY URANIUM PRICES HAVE CLIMBED TO THEIR HIGHEST IN OVER A DECADE

 * Biden talks up historic spending on hydrogen hubs, which will be spread over
   16 states


ASK THE MONEYIST ‘BUY A YACHT,’ HE TOLD ME. MY FIANCÉ, 67, IS CUTTING HIS KIDS
OUT OF HIS WILL — AND LEAVING EVERYTHING TO ME. SHOULD I BE SUSPICIOUS?

 * Should I put my fiancé’s name on the deed to my $560,000 California home
   after we marry?


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‘THIS IS A FIRST-WORLD PROBLEM’: I EARN $210,000 AND I’M 59. MY WIFE AND I WANT
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‘IT MAKES ME SAD’: I WANT TO MOVE INTO MY GRANDPARENTS’ FORMER HOUSE, BUT MY
UNCLE REFUSES TO HAND OVER THE KEYS. WHAT CAN I DO?


HERE IS WHAT NEEDS TO HAPPEN FOR THE S&P 500 TO HOLD ON TO THIS YEAR’S GAINS


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MORTGAGE RATES HIT 23-YEAR HIGH AND HOME PRICES SHOW FEW SIGNS OF COOLING. BUT
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REPUBLICANS NOMINATE JIM JORDAN FOR HOUSE SPEAKER


SMALL-CAP INDEX BOOKS HISTORIC SECOND ‘DEATH CROSS’ IN A YEAR. IS A TURNAROUND
COMING?


LONG U.S. DOLLAR NOW SEEN AS THE MOST CROWDED TRADE, BUT BODES ILL FOR THE
GREENBACK


WHAT’S BAD FOR THE WORLD IS GOOD FOR GOLD. WHAT’S NEXT FOR THE YELLOW METAL?

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Investing


LYFT SAYS TWO BOARD MEMBERS HAVE RESIGNED

Ride-hailing platform Lyft Inc. LYFT on Friday said that Mary Agnes Wilderotter
and Valerie Jarrett had resigned from the company’s board, due to what it
described as “their other professional responsibilities.” Lyft said the two
notified the company of their resignations on Thursday, adding that “neither Ms.
Wilderotter nor Ms. Jarrett resigned from the Board due to any disagreement with
the Company on any matter related to the Company’s operations, policies or
practices.” In connection with the departures, Lyft’s board appointed Prashant
Aggarwal as chair of the nominating and corporate governance committee, and
appointed Janey Whiteside as a member of that committee. The board has also
lowered the number of authorized directors from 10 to eight. Shares of Lyft were
up 0.1% in after-hours trading on Friday.


TEMPEST THERAPEUTICS SHARES END WILD WEEK WITH 8% DROP


DOW JONES EKES OUT GAIN FRIDAY, STOCKS MOSTLY ADVANCE FOR THE WEEK AS
ISRAEL-GAZA WAR ESCALATES

U.S. stocks closed mostly lower Friday, but the Dow Jones and S&P 500 posted
weekly gains, as the Israel-Gaza war appeared to escalate heading into the
weekend. The Dow Jones Industries DJIA rose about 39 points, or 0.1%, on Friday,
ending near 33,670, according to preliminary FactSet data. The S&P 500 index SPX
fell 0.5% and the Nasdaq Composite Index COMP closed 1.2% lower. The S&P 500’s
energy segment outperformed Friday, gaining 2.3%, as U.S. benchmark crude surged
nearly 6% after Israel ordered more than a million people in Gaza to evacuate to
the south. Treasury yields fell, with the 10-year Treasury BX:TMUBMUSD10Y rate
retreating to 4.628% Friday, snapping a 5-week yield climb, according to Dow
Jones Market Data. Bond prices and yields move in the opposite direction.
Investors bought other haven assets too, including gold GC00 and the U.S. dollar
DXY. Wall Street’s “fear gauge” VIX also touched its highest level in more than
a week. Even so, the Dow Jones booked at 0.8% weekly gain, the S&P 500 advanced
0.5% and the Nasdaq fell 0.2%.


AMC’S STOCK SLIDES MORE THAN 13% DESPITE TAYLOR SWIFT CONCERT FILM OPENING

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CAN THE STOCK MARKET GO UP WITHOUT BANKS? WE'RE ABOUT TO FIND OUT.


GROUPON SHARES SPIKE. THE STOCK COULD TRIPLE FROM HERE.

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RETIRING IN A BEAR MARKET CAN BE CATASTROPHIC — WORKING ONE MORE YEAR CAN MAKE A
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BIDEN TALKS UP HISTORIC SPENDING ON HYDROGEN HUBS, WHICH WILL BE SPREAD OVER 16
STATES


BIDEN TELLS FAMILY MEMBERS OF 14 AMERICANS MISSING IN ISRAEL THAT U.S. IS ‘DOING
EVERYTHING POSSIBLE’

President Joe Biden on Friday spent more than an hour on a Zoom call with family
members of the 14 Americans still unaccounted after the Hamas attacks in Israel,
said the White House’s principal deputy press secretary, Olivia Dalton. “The
president conveyed directly to these families that they have been in his prayers
and reaffirmed that the U.S. government is doing everything possible to locate
and bring home their loved ones,” she told reporters during a briefing.


U.S. LAW ENFORCEMENT WORKING TO PREVENT VIOLENCE FOLLOWING HAMAS ATTACK, WHITE
HOUSE SAYS

None of the U.S. intelligence agencies have any specific intelligence indicating
a threat to the country stemming from last week’s attack by Hamas in Israel, but
federal, state and local law enforcement are “working around the clock to
prevent any violence from occurring,” White House spokesman John Kirby told
reporters on Friday. President Joe Biden has directed his administration to “do
everything we can to enhance security at home, including especially in the
Jewish community and the Muslim community,” Kirby said.


NORTH KOREA HAS DELIVERED WEAPONS TO RUSSIA FOR USE IN UKRAINE, WHITE HOUSE SAYS

North Korea has delivered arms to Russia for use in Ukraine, providing more than
1,000 containers of military equipment and munitions in recent weeks, White
House spokesman John Kirby told reporters on Friday. Kirby said the U.S.
condemns the Democratic People’s Republic of Korea for supplying Russia with the
arms. The White House had warned in August that Russia’s efforts to get ammo
from North Korea were “actively advancing.”

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IN RETIREMENT, TIME IS SHORT. DON’T WASTE IT ON THINGS YOU HATE.


TRAVEL CAN BE A RETIREE’S ‘FOUNTAIN OF YOUTH’ — HOW TO DO IT RIGHT


MY MOTHER JUST DIED. HOW DO WE WIND DOWN A REVOCABLE TRUST?


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THESE ARE THE BIGGEST MONEY MISTAKES WE MAKE IN OUR 20S, 30S AND 40S


‘IT MAKES ME SAD’: I WANT TO MOVE INTO MY GRANDPARENTS’ FORMER HOUSE, BUT MY
UNCLE REFUSES TO HAND OVER THE KEYS. WHAT CAN I DO?


THE ‘TRAGEDY’ OF AMERICAN HEALTHCARE: OLYMPIC GYMNAST MARY LOU RETTON’S FAMILY
IS CROWDSOURCING FOR HER HOSPITAL BILLS. SHE’S NOT ALONE.


JAMIE DIMON SAYS IT’S ‘THE MOST DANGEROUS TIME THE WORLD HAS SEEN IN DECADES.’
HERE ARE ALL THE RIPPLE EFFECTS.

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‘THIS IS A FIRST-WORLD PROBLEM’: I EARN $210,000 AND I’M 59. MY WIFE AND I WANT
TO MOVE TO HAWAII. IS IT TOO LATE TO GET A MORTGAGE?


‘I’M IN MY PEAK EARNING YEARS’: I WORK FULL TIME AND WILL SOON TURN 67. SHOULD I
WAIT UNTIL I RETIRE AT 70 TO COLLECT MY SOCIAL SECURITY? 


SHOULD I PUT MY FIANCÉ’S NAME ON THE DEED TO MY $560,000 CALIFORNIA HOME AFTER
WE MARRY?


MY UNCLE PERSUADED MY AILING GRANDMOTHER TO CUT EVERYONE ELSE OUT OF THE FAMILY
TRUST. DO WE HAVE A CASE AGAINST HIM?

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How to Invest


NO MATTER YOUR AGE, HERE’S HOW TO TELL IF YOUR FINANCES ARE ON THE RIGHT TRACK


SHOULD I USE A 401(K) OR AN IRA TO SAVE FOR RETIREMENT? A TRADITIONAL ACCOUNT OR
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THESE 5 GREAT, EASY-TO-READ BOOKS ABOUT MONEY WILL CHANGE HOW YOU THINK ABOUT
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WHEN IS IT WORTH HIRING SOMEONE TO MANAGE YOUR MONEY?

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CALM OBSERVED AT SOUTHERN U.S. BORDER AFTER MIDNIGHT LIFTING OF PANDEMIC-ERA
ASYLUM RESTRICTIONS


AS COVID PUBLIC HEALTH EMERGENCY ENDS, ‘WHACK-A-MOLE’ VIRUS WON’T BE EASY TO
TRACK


NOVAVAX’S STOCK SOARS AFTER POSITIVE COVID AND FLU TRIAL DATA AND NEWS OF PLAN
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CDC’S ROCHELLE WALENSKY RESIGNS, CITING PANDEMIC TRANSITION

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YOU CAN NOW GET AN ANNUAL SAM’S CLUB MEMBERSHIP FOR $15


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NEWS AND ANALYSIS FOR THOSE PLANNING FOR OR LIVING IN RETIREMENT

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MORTGAGE RATES HIT 23-YEAR HIGH AND HOME PRICES SHOW FEW SIGNS OF COOLING. BUT
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WANT A 3% INTEREST RATE? ‘ASSUMABLE MORTGAGES,’ A RELIC OF THE 1980S, ARE HERE
TO COMBAT HIGH RATES.


30-YEAR MORTGAGE RATES RISE TO 7.57%, THE FIFTH STRAIGHT WEEK OF INCREASES


‘AVATAR’ STAR ZOE SALDANA LISTS HER BEAUTIFUL BEVERLY HILLS ESTATE FOR $16.5
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WEATHERTECH FOUNDER SELLS FORT LAUDERDALE’S MOST EXPENSIVE HOME FOR $40 MILLION


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MANSION GLOBAL DAILY: THE NUMBER 13 MAY BE LUCKY FOR U.K. HOME BUYERS


A COLORADO MANSION FIRST LISTED FOR $37 MILLION SELLS FOR BIG DISCOUNT

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